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Initiative 1098: How will Washington's effective income tax rates stack up?

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Publication Date: August 2010

Publisher(s): Economic Opportunity Institute

Author(s): Marilyn Watkins

Series:

Special Collection:

Topic: Banking and finance (Taxation and tax policy)
Government (State or regional government)

Keywords: income tax

Type: Report

Coverage: Washington

Abstract:

Initiative 1098's effective tax rates will be lower than most, raking 27th out of the 44 states (including DC) that tax income. The new tax will apply to just 1.2% of filers. So what will Washington's average effective tax rate be on the top 1% of earners?